Truist Securities Reiterates Buy on International Paper, Maintains $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Roxland has reiterated a Buy rating on International Paper (NYSE:IP) and maintained a $40 price target.
March 20, 2024 | 3:46 pm
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Truist Securities reaffirms a Buy rating on International Paper with a $40 price target.
The reiteration of a Buy rating and maintenance of a $40 price target by a reputable analyst like Michael Roxland from Truist Securities could positively influence investor sentiment towards International Paper. This endorsement reaffirms the analyst's confidence in the company's potential for growth or value, potentially leading to increased investor interest and a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100